The Judgment in the First Kriptonika Case Has Become FinalThe Judgment in the First Kriptonika Case Has Become Final

Vilnius Regional Court has adopted an order in the case that was the starting point of legal disputes between the company Universalios Valdymo Sistemos (UVS) selling cash registers and Penki Kontinentai (PK), one of the largest IT companies in Lithuania.

UVS and PK set up a joint private limited liability company UAB Kriptonika that was to develop and install different kinds of software. The then head of UVS Andrejus Sviridovas was appointed the director of the company, the shares of which were equally divided between its founders.